Dogecoin Price Vulnerable: Analysts Forecast 20% Drop

狗狗幣價格脆弱：分析師預測下跌 20%

Dogecoin (DOGE), the prominent meme cryptocurrency, is expected to prolong its downward trend based on indicators from whale activity and price action.

狗狗幣（DOGE）是著名的迷因加密貨幣，根據鯨魚活動和價格走勢的指標，預計其下降趨勢將持續下去。

Whale Transfers Large Amount of DOGE

鯨魚轉移大量 DOGE

Whale Alert, a transaction tracker, reported a large transfer of 146.6 million DOGE (worth $56.5 million) from an unknown wallet to the cryptocurrency exchange Robinhood. In the cryptocurrency domain, such transfers to exchanges are commonly perceived as a bearish sign, suggesting an intention to sell that could lead to price declines.

交易追蹤器 Whale Alert 報告稱，有 1.466 億 DOGE（價值 5,650 萬美元）從一個未知錢包轉移到加密貨幣交易所 Robinhood。在加密貨幣領域，這種向交易所的轉移通常被視為看跌訊號，表明有可能導致價格下跌的拋售意圖。

Technical Analysis and Support Levels

技術分析與支撐位

Technical analysis reveals a bearish outlook for DOGE, with the formation of an inverted hammer candlestick pattern at the crucial resistance level of $0.42. Furthermore, downward momentum is evident. If DOGE remains below $0.42, there is a significant probability of a 20% decline to $0.35 in the near term. However, this projection is only viable while DOGE trades below the $0.42 level.

技術分析顯示 DOGE 前景看跌，在關鍵阻力位 0.42 美元處形成倒錘子燭台形態。此外，下行勢頭明顯。如果 DOGE 保持在 0.42 美元以下，短期內很可能會下跌 20% 至 0.35 美元。然而，這項預測僅在 DOGE 交易價格低於 0.42 美元水準時才可行。

Traders' Sentiment

交易者情緒

Coinglass, an on-chain analytics firm, also supports the bearish sentiment. The DOGE long/short ratio indicates dominance by short sellers. Currently, this ratio stands at 0.78, a low not seen since November 2024. Additionally, 56% of top traders hold short positions, while only 44% hold long positions.

鏈上分析公司 Coinglass 也支持看跌情緒。 DOGE 多頭/空頭比率顯示賣空者佔主導地位。目前，該比率為 0.78，為 2024 年 11 月以來的最低水平。

200-Day Moving Average

200 天移動平均線

Despite the bearish outlook, the 200-day Exponential Moving Average (EMA) on the daily time frame suggests an uptrend. However, this trend may be subject to change if DOGE fails to regain support above $0.42.

儘管前景看跌，但每日時間範圍內的 200 天指數移動平均線 (EMA) 顯示上升趨勢。然而，如果 DOGE 未能重新獲得 0.42 美元上方的支撐，這一趨勢可能會改變。